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Heinz reports 22% rise in Q2 net income
date:Nov 23, 2012
American food company HJ Heinz has reported that its net income for the second quarter of fiscal 2013 increased 22.1% to $289.44m, up from $237m in the same period in the previous year, driven by growth in emerging markets, favourable tax rate, and strong performance of its leading brands.

Sales increased 0.5% to $2.83bn, up from $2.81bn in the previous year, although foreign currency exchange rates hit sales by 2.4%; while organic sales, which exclude currency fluctuations, acquisitions and di

12/23 01:51